Century Bond Issues Increase

Interest rates continue to be at or near historic lows, which presents a unique opportunity for borrowers. And universities are beginning to...

Ford: A Fallen Angel

Moody's downgraded Ford's bonds to Ba1, into junk bond territory. The downgrade was due to lower operating margins, weak earnings, ...

Germany's Negative Yield Bond Sale

With about $15 trillion in value worldwide, the amount of bonds outstanding with negative yields is astonishing. And a recent bond sale by ...

Negative Interest Rates

As we have previously mentioned, worldwide negative yielding debt is at an extraordinary level. In fact, there is $15 trillion of negative y...

Rhino Bonds

The number of black rhinos in the wild has fallen from 65,000 in the 1970s to about 5,500, putting the species at risk of extinction. Conser...

Oracle's Credit Rating Lowered

S&P recently announced that it was lowering the rating on Oracle's debt from AA- to A+. The reason given for the downgrade was the ...

Is There Too Much Corporate Debt?

A common refrain among policy experts is that the corporate debt level is too high. In fact, from 2008 to 2018, corporate debt rose from $2....

IBM's Bond Offering

IBM recently issued $20 billion in bonds, the seventh largest bond offering in history. The bonds were issued at 1.45 percent above Treasur...